Norvestor-backed Life Europe AB, the health and lifestyle retailer, has acquired two of the largest Finnish health food chains Sinunkaupat Oy and Ikivireä-Vital OY. The combined entities will have a 25% market share in Finland with 120 shops and annual turnover of approximately SEK 400m. Following the acquisition, the Life chain will consist of 500 shops: 165 shops in Norway, 220 shops in Sweden and 120 in Finland. The chain’s total turnover is more than SEK 1.6bn at shop level.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy